The CEO of the organic dried fruit brand Peeled Snacks is optimistic that challenges related to the coronavirus will not slow the company’s fast growth thanks in part to a suite of new products, channel diversification plans, and an infusion of funds...
New York-based global investment firm Grays Peak Capital has acquired baby and toddler food brand Nosh Foods for an undisclosed. Nosh Foods will remain as a standalone brand but as a subsidiary of parent company NuturMe Holdings.
Regulatory uncertainty coupled with the fact that retailers are not focused on onboarding new brands right now make this a tough time for new CBD brands. However, e-commerce sales of hemp-derived CBD have spiked, while a new survey from Brightfield Group...
Clearly, now is not a great time to raise money. But founders shouldn’t despair, said investors in a webinar hosted by FoodBytes! by Rabobank on Wednesday. Raising capital will take longer and investors are being more circumspect, but there is money available...
Consumers are getting back to basics with their online grocery shopping as they use their extended periods of time at home to learn basic cooking skills and recipes such as how to bake a potato, make homemade bread, and how to cook rice, according to...
Businesses across the country are adapting with lightning speed to adjust business plans, and in some cases, change their business model overnight, in order to adapt and survive as large swathes of the population go into lockdown.
As measures designed to slow the spread of the coronavirus also slow the economy, many venture capitalists and others have hit the pause button on investments, but not Frito-Lay – earlier this month it moved forward with its inaugural WomanMade Challenge...
News that investors have just pumped $80m into a firm growing protein-packed food from microbes with a fraction of the environmental footprint of meat or dairy, serves as a reminder that the fundamental challenges facing the food industry - how to feed...
PepsiCo is hiring 6,000 new, full-time employees over the next month and is providing additional compensation to the more than 90,000 frontline employees – those who “make, move, and sell” PepsiCo products – at both PepsiCo Beverages North America and...
While many packaged food firms have enjoyed soaring sales this month, startups that had planned to launch new brands, ramp up bricks & mortar distribution, and raise money this year are adjusting plans rapidly, while access to capital will get more...
An ad-hoc partnership between FMI-Food Industry Association, the International Foodservice Distributors Association, United Produce Association and National Fisheries Institute aims to help overwhelmed grocery retailers keep shelves stocked, stores clean...
We continue to speak with food startups and emerging brands about what’s weighing on their minds as COVID-19 has many cities and communities going into various stages of lockdown, upending typical consumer shopping behavior.
In a teleconference held last night the US Food and Drug Administration announced that it is scaling back GMP inspections and is waiving certain FSMA requirements in the face of the COVID-19 crisis.
Should prolonged social distancing measures generate mass unemployment, premium priced natural and organic products will likely not be top of most people’s shopping lists, while private label sales will likely rise, although packaged foods will continue...
Keeping the supply chain moving while protecting employees and projecting a calming tone for consumers is top of mind for executives at General Mills, which has seen a significant sales boost since the beginning of March from panicked US shoppers stocking...
